Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Oct. 22, 1914)
THE OREGON DAILY JOURNAL, PORTLAND. THURSDAY EVENING, OCTOBER 22, 1914. EXTRAORDINARY DEMAND FOR CEREALS IS SHOWN FROM EUROPE CALIFORNIA ONION SUPPLIES OFFERING AT LOW QUOTATIONS Fife Cars From . South Reported On TiOTfll TrarlfH Todnv: OrroTi urowew enrajiy tillering crniy. Their Poorer Quality of Stock. California la itiimnln nnlnna on th Portlgn.d - and "othfr northwest mar ket , while Oregon , Krowers still re fuse 'to sell. Vive cars of No. 1 wtock which coat 7&c a cental to land here were reported on the local tracks this invmlhg. While local growers are offering to ell, they are only willing to let ' go of No. 2 and No.3 stock. Very llttif. of No. 1 stock Is available from thy horn section and this forces the trade to purchase the bulk of Its require ments from the south. . Onions.-of Kood ijufllitv are beln'a Aff ArArf hv whi il awu If ra Vlnwn in. St r iv u cental, out of their stores. No. 2'stock ! blne offered freely at 75i but In view of the cheapness of tKe better quality, there 1s little domarid for the t)Ollf M tuff. There Is no outside demand for Ore- ?nn onions at this time .owing to the act that (.'ullfornla Is offering sup plies for less money. AN CHEESE MARKET IS THER HALF CENT LOWER IN PORTLAND Similar Decline Today, at Tillamook Causes a Further Loss Here; Speculative Interest Is Lacking Throughout the Entire Country. HEAD LETTISH 0$ STltEET Kirst carload or head lettuce or the season arrived from Jos Angeles and was displayed on the luca) market to day. The stock was in 'fair condition and was quoted ut J2 a trate general ly. Plenty of local. ARTIt 1IOKEK AKE PLENTIFUL Cheese- market Is showing, a further reduction of c a pound here today as a result of a similar loss "at Tilla mook. This action was forecast n these reports several days agoj The extreme weakness of the cheese markets at Wisconsin and the lower priees quoted there have 'forced, local marketing interests to follow suit. There is practically no speculation In the' heese market this season. Huyers are purchasing, only for imme diate requirements ana this has left quite liberal .stocks on hand in the Pa cific northwest primary centers. There is now not the slightest doubt that just "after war was -declared in Kuroper that cheese prices were ele vated too high at all American cen- ers. . there was -miscalculation re garding the effect that the foreign supplies usually .have on this market. and thl,s. together with the lack of speculative interest, has forced makers to hold the aik or their supplies until actually needed by the trade. - Edited by Hyman H. Cohen. HOG MARKET HAS A VERY-WEAK FELING IN PORTLAND YARDS Further ' Heavy Liquidation Shown From Interior; Sentiment Is Somewhat Better Again in the East and Values Are Higher. Butter Prices Go A Half Cent Lower Plenty of French artichokes for everv want of the trade is shown alon ro.nt street. There Is a vast differ ence in quality of offerings and sales are reported from 60 to 'jja a dozen. JEItSKY CRAXHEKRIES ARE IX Another carload of Jersey cranber ries has reached the local market and was quoted ut 18 by the receivers. An other car Is due later in the week. Quality of later shipments said to bo better than ever. CHICKEX MARKET' IS QUIET With the exception of extra heavy hens, which are being eagerly Bought even at a premium by the Jewish trade, there Is very little call for chickens on the street at this time Cleanups are reported at 1212'&c in a limited way. Case Ixt Sales to Be Basis Here after and Less Amounts to Cost He More. Cttv creamery butter nrlces were lowered V4c a pound this morning with a new system of selling 4n vogue. Hereafter the price standard will be based upon the sale of case lots. For les-j than a case an additional c a pound will be charged. The basis price today is 34c, with indications of a drop almost daily within the im mediate future on account of the weak ness in the trade generally. The price of butterfat was reduced lc a pound. San Francisco Dairy Produce. San Francisco. Oct. 22. Eees. ritrn !: pullets. 41c; California storage extras, 30c. Butter, extras. Sl&e; prime firsts. 2Shie; firsts. 26c; seconds, 24c. Cheese, California fancy, 16c; firsts. 12V,c; seconds, 10c. LCO TOMATOES HOLD FIRM With better quality offerings from the south and practlcully no real good tuff offered from the homo section, lug tomatoes are showing a firmer tonevon tbe street with sales at $1 1.25 per lug. BRIEF NOTES OF THE TRADE Butter prices are again being shaded out as yei no open cut is noted. Country killed veals remain quiet with a weak tone. Hogs Just about holding. Kower prices are being named for smal sized apples with medium quality fruit unchanged. Receipts of fresh palmon continue liberal but prices remain very low. SHIPPERS' WEATHER NOTICE Weather bureau sends the follow . Ing notice to shippers: iroieci snipments as rar north as he.attle against minimum tempera tures of about 36 degrees: northeast to Spokane, 26 degrees; southeast to noise, Z4 degrees; - south to Ashland, 32 degrees. Minimum temperature at foruana tonight, about 36 degrees. JOBBING PRICES OF PORTLAND These prices nre tho at which wholesalers su to retailer. ex'-ept as otlierwle stated TRANSPORTATION Steamer Servici Steamer "HARVEST QTTEXH" leaves Ash-Street dock dally ex cept Sunday, 8 P. M. for Astoria nd way points; returning, leaves Astoria dally except Sunday, 7 A. M. Tickets and reservations at O-W. R. & N. City Ticket Office, Third and Washington streets; or at Ash-Street dock. Phone: Mar shall 4500, A-6121. LATEST UVXSTOCX BEPQBT. The extreme top for hogs was not above $7 at Worth. Portland this after noon while the bulk of th sales war around $6.90. - Qua extra fancy lot of steers which wr almost thoroughbred Shorthorns was sola at $7,50, but the general mar ket was. stationary. PORTLAND LIVESTOCK RUN. Hoe. Cattle. CaWes. Sheep. ThnrsdaT 905 170 2 1713 Wednesday , 1174 3 .. 300 Tuesday 490 17 12 61.1 Monday 23.-.0 1015 11 2702 Saturday 354 ... 57 75 Friday 1131 202 .. 1150 Week ago 137 10 4 127 A'esr ago 4ISS 13 H 31 Two years ago -284 270 2 1420 'Three years ago ... 204 104 3 618 ENGLISH HOP CROP SO BIG THAT TRADE NOW VERY BEARISH Situation at Home and Abroad Is Weaker With Foreign Prices Off; Smaller Volume of Business Is Reported in the Valley. MUCH Seattle Dairy Produce. Reattle. Wash.. Oct. 22. Km frh i-nh 4S4t52; fresh eastern, 35fr4i: orientals 18c Butter, local cube. 34c; bricks, 35c;' Ore gon cubes, 32 ti 33c. beese, Wisconsin, 19c; Washington, 17c 18 Omaha Hogs Higher. Smith Omaha. Neh.. Oct. 22. Cuttle 2fiOO- market slow and weak; steers, 19. 00(810.50; cows and heifers, $5.5036.75 Hogs, 8Soo; market 10c higher; bulk. 16.80(3 7.0O; tops, 17.15. Sheep, 2J.O00; market steady: yearlings, 15.8DCg6.10; wet-bers. 5.255.00; lambs, $7.40 ai.iv; ewes, ios.UO. m i j Chicago Hogs Higher. Chicago. Oct. 22. Hogs. 20.000; market. 5 to 15c higher: lipht n SMi 7 nn- mi.i $8.1Hi(fi,7.65; heary. $8,8517.55; rough, $633 Cattle, 5000; market slow and steady. Sheep, 24,000; market strong. Kansas City Sheep Rise. Kansas City. Mo., Oct. 22. Hogs, 8000: market 10c higher; tops, $7.50. Cuttle, 4IKK); market weak. Sheep, 6000; market 10c higher. COOS BAY AMD EUREKA S. S. ELDER BAILS STHDAY, OCT. 26, A. JC fOHTK PACIFIC BTEAM8HI? CO. Freight Offloe root .Northrop St. 11a In 5203. A-5422 Ticket Office 122A Id St. WAIN 1314 A -131 4 . . BEATEB For AN FRANCISCO LO S ANGKLES 3 P. It, Oct. 23 Tie Baa Francises Portland 8. 8,. Co. M and Washington Bta. (with O.-W H . Co. Marshall 4S00. A-61S1 Coos Bay Line STEAMSHIP BREAKWATER Ralls from Alnsworth dock. Portland. 8 p m, Every TuMday. Freight and ticket office lower Alusworth dock. P. A C. B. 8. S. Line L.. H. Keating, Agent. 1'hone Main 3000. A iAi. ucsei omee, so blxt: street. C, W. Btlnger. Agent. A-4121. Phones Marshall 4500. STEAMSHIP Bella Direct fo San Fra&claco, z,oe af eles aad San Sleg-oJ , TOMORROW, OCT. 23, at 20 P. M. 8AJT FTl AIT CISCO, PORTX-AITD ft ZaOS AjrOEXSS STXAJtlSKZP CO nUXX BOUAH, Afwt 184 Thlxa Bt. A-4B96. Main 88. New Coos Bay Line XAJJJSHraXD,' SORTS BEKD AJTS EKPIB.E bteamship Paraiso BAILS DIRECT BAT.. OCT. tft, T P. X. BCTTER Nominal Willamette ralley cream err, cubes, selling price, 3iu,c; state prints, 32s.32Vv; ranch butter, lSCaLXJc; city cream ery, case lots, 34Vc; less than case lots, M,c lb. extra. BUTTER FAT No. 1, Portland delivery, 33c. KGGS Nearby, freshly gathered. 37c candled local extras, white 3.Vos36c; case count, buying f. o. b. Portland, 33c; eastern, 'fresh," 33434c. LIVE POULTKY Hens, 12HQ13c; broilers, 12c; ducks, Pekln, ll(312c; colored, 10c; turkeys 18lttc; dressed, ( ); pigeons, $1&1.25; squabs, $2.25rZ40 doa; geese, loc. JACK HABBITS k'aucy dressed, $1.50 1.75 doien. ClIElSE Nominal. Fresh Oregon, fancr full cream twins and triplets, 15616c; Young America, lu,g,17c. Fruit end Vegetables. FRESH FKL1T Oranges, $2.75613.25; ba nanas, 4c lb.: lemons. CYOofti H .no Mm $l.oo per 100; grapefruit, $4.50(a8 per case; nueapies, ic puunu; potatoes, 0xg7Oc; canta aupes, $1,006x1.25: watermelons. SOeiSSl.nO: casabas, $1.00 crate; pears, 75cfe$1.60; Xokoy, grapes, $1.00 crate. Al'l'Lts- Local, 50c$1.50 box, according to quality. V EU ETA BLES Turnips, $1.25; beets. $1.50; carrots. $1.25: nsrsnlos. $111.25 aark; eal- brge 75c(n$l, tomatoes, 00c lug; green onions 10(t4l5c per dozen bunchee; peppers, bell, 4(ia5M!C; head lettuce, 75c dozen, celery. 5004 8ac dozen: egg plant, 7c; cauliflower, 85c8 $1.25 do.; French artichokes, 6o(ft90c dos.; string beans. 5fg7c; cucumters, hothouse, ; outdoor, 2t)ft2,"c dozen: green corn. 75eftil sack; cranberries, eastern, $1 bbl., local, $3.50 jvc, Kprouin, ?(gvc pounu. ONIONS Local. 85c$l, Caljfornlaa. 85c, POTATOES Selling price. Extra choice, $1.0v(il.2u per cental; sweets. $2.00. Hops,' Wool and Hides. HOPS Buying price. choice. 10ii2lOu.: prime, BfiSVSc; medium to prime, 8c; medium. CHITT1M OR CASCARA BARK Car lota, 4c; li'.-s than car lots, 4c. MOHAIR 1914 2i27MiC. WOOL Nominal. 1U14 c-lin: Wmnm.tt. ..1 ley coarse Cotswold, 17Vst; medium Shroo- eustern Oregon, 14(820c; accordlnc to shrink- KlliES Dry hides. 25c lb.: ireen. 12i salted hides, 13c; bulls, green salt. 9c: kins. 13(3 14c; carres. dry, 25c; calf skins salted ur green, i!iuc; green Hides, lc less than salted; sheep pelts, catted, shearings. 100 25c; dry loc. TALLOW No. 1, 4i4494c; No. 2, 4 Meata, Fiah aad ProTiaioni. DRESSED MEATS Selling price Country 't'" - iut;, u4tic, oiuiuary, o(aoijc; roftgh and heavy. 7l7V.c: tuner vm1 w 12,c; ordinary. lOloVac; poir, 78c; 'goats 3f!4e: spring lambs, lOc. ' HAMS. BACON. ETC. Hams, 17U21e breakfast bacon, 20V(i;0c; bulled ham. 29c plcnica. 14c: cottage. 17He. MKATS Packlna house Steers N 'l 12c; cowsf No. 1 stock, 11c; ewes, 10c; wethl era. ii'c; ismoa, ittftc; pork lolna. 18c dressed hogs, 12c. OYSTERS Olvmnia. nr ..ll.n co -k canned eastern 55c can; $.50 dozen; eastern! in shell. $1.752.00 oer loo? ,V iir $2.0O4f2JK box; eastern oysters, per gallon! riaa iressed flounders, 7c; chlnook sal mon. 64f8c: ailTer aide Kc- iwri-h am a. ik . .. o a zneit, bc; salmon LARD Tierces, 12c; compound, tierces. 11c. CRABS Large, $1.60; medium. $1.00 doa Grooeriaa. SL'OAR Cube. $7.15: nowdenwi tak. l or berry. $7.05; beet, $8.80; dry granulate $8.80; l yellow, $8.10. '(Above quotatfolx, Tre 30 days net cash.) . riir. japan sryie. Ko. 1. 5a54c: New BEANS Small white. Alto- 5;fplnk, 6,c; Umas. 8c; bayoor 6c, red'. . hALT Coarse half grounds, 100a, $10 per ton; 60a, $10.75; taole dairy, 50a, $18- 10. $17.50; bale. $i25; extra 'fine lamia, 2? &s and 10s. $5.25iia8.0O; lump rock, $2.50 per Further liquidation was shown In the hog market at North Portland to day, refuting- in an additional loss of 10 to 15c srenerally. There was a very liberal . snowing of swine arrivals overnight in the local yards, and killers were rather slow about taking hold. At Chicago there was an improved condition in the swine trade for the day, values being 5c to 15c better, with tops at $7.65. Kansas City hog market ruled strong with an advance of a dime. Tops, $7.50. Omaha hog trade was strong with a similar advance. Tops, $7.15. General hog market: Best light i... 700 Medium light 6.806.90 Good and heavy 6.75 Rough and heavy 6.00 6. 25 Cattle Continue Wanted. There continues a rather good feel-1 ing in me cattle traae ana values in general are being sustained. There was only a small run in the yards for the day; In fact, this was practically the only supply shown since Monday's liberal showing. At Chicago there was a slow but steady tone in the cattle trade .for the day. Kansas City cattle market was weak at former prices. Omaha cattle were slow and weak, but top steers there remain at $10.50. General cattle market ranee: Selected steers r $ 7.00 Good to prime 6.756.90 Good to choice 6.65 Ordinary to fair 5.75 6.25 Best cows 6.85 4i)6.00 Good to prime . , 5.75 5.85 Ordinary 5.25i5.50 Selected calves 8.00 Fancy bulls 4.50 4.75 Ordinary 4.00(4.25 Mutto-n Supplier Fair. Quite fair supplies of mutton were shown in the North Portland yards over night. Trend of the trade con tinues quite lair lor best quality of ferings, although poor stuff is abso lutely neglected and can be sold only at sharply shaded figures. At Chicago there was a strong tone in the sheep trade for the day. Kansas uity sneep market was strong at an advance, of a dime. umatia sheep trade was steady. General mutton market: Best yearling! $5.405.50 Old wethers 5.255.50 Best ewes 4.354.50 Best east mountain lambs.. 6.906.00 Valley light young lambs.. 5. 65(3)5. SS Heavy .spring lambs 5.00 5.50 Today's Livestock Shippers. Hoes Georeo 7.imm.rm Vamni 1 load; T. A. Blake, Camas, Wash.. 1 load; J. G. Bus well, Grandview, Wash, 1 load; John Barger, Washtucna, Wash.. 1 load; C, H. Woodcock, Shear, er. 1 load; A. G. Harvey, 1 load; G. M. Blakly, Condon, 1 load. Cattle N. G. Blackwell, Juntura. 2 loads; I, V. Gentry. Heppner. 1 load: A. J. Bewly, Sheridan. 1 load; N. L. Van Duyn, Coburg, 1 load; Patton A Overton, Halsey, 1 load bneep j. a. Benson, Lyle, Wash., loads; L. Nichols, Terrebonne, 1 load. Aiixea tnurr h. k. Driver. Shearer load cattle and hoz-s: CnttunmnrCi Milling Co.. CottonwootT Idah cattle and hogs; Patton & Overton, Harrisburg, 1 load cattle, calves, hogs and sheet): F. B. Decker. Silverton 1 load hogs and sheep, direct to Union Meat Co. t" Comparative livestock statement of receipts: Cattle. Calves. Rwi KhLn Month t date.. 3.9.S7 305 15402 9.1 eon came, iuis 4,859 518 12,845 18.870 Trade in hops Is somewhat quieter at Willamette valley points. There is no change in the general situation here. Some of the large interests are still very much inclined to the bear side of the market and are freely of fering to sell Oregons at 12c delivered in the east. A cable received by a local hop firm gives an estimate of 800,000 hundred weight as the actual picking of hops in Kiigland this season. This is an extraordinary production and has had a very bearish effect upon the Ameri can situation. The cable states that th Knglish market for hops is easier and lower,, T. A. LJvesley & Co. were reportad the purchasers of 300 bales of hops in the St. Paul section during the last 24 hours at 1010c a pound. No business is reported either in xamma or any or the California dis tricts. Eastern markets continue to gather weakness. Off Day's Trade In Chicago Wheat EXCITEMENT SHOWN FOR FLOUR; GRAIN IS VERY FIRM Situation Extremely Good in Most Cereal Lines; Foreign Demand Is Extraordinary; Oat Supplies Wanted by the Warring Nations, WHEAT CARGOES HIOHRR. fndop. !..(. 22. Wheat cargoes on passage w w vn uiguer. LIVERPOOL WHEAT MARKET. Liverpool. Oct, 22. Wheat: O-t. 21. Oct. 22. Close. Open. Close. October -.. Ha 10 d 8s lld Ss lid ie-emoer 9s 2 d s 3 d 9s 2d PORTLAND ORAIN RECEIPTS. -Cars- WhHt.Rip Monday Tuesday 68 Wednesday 64 Thursday 71 Year ago 85 season to date... 6861 13 4 3 14 Year ago 6408 1129 Wheat-Barley. Flonr.Oa ts.Ha v. 4 1 3 ro 779 s 7 7 3 815 743 10 4 7 5 708 828 LOCAL BUSINESS NEWS Businessmen Find Conditions Are Generally Im proved; Optimism Should Be the Rule of Local Merchants These Days. , LAW REGULATING SALE OF EGGS URGED Market Closes Jxwer After Early Bulge; Much Snap to Corn Market Today. Chicago. Oct. 22. Wheat closed $pc lower. This trade had another off day like that of Tuesday, with prices sharply lower at times. What made the break seem more abrupt was the fact that the market opened on a strong swell. The local trade and a few brokerage firms turned ac tively to the selling side. Northwest claimed the country is moving more wheat. In some Quarters the foreign demands were considered less urgent. Cash wheat here is only l'ic under December, or half the discount of a week ago. Some of the strongest in terests in the trade have absorbed wheat on the decline. There was more snap to the corn buying side today than for weeks. There was strong rally from 68 to 69c December and 71 to 72c May, due largely to appearance of excellent buying credited to at least two conspicuous leaders in the trade. Trade in oats early carried De cember to 51c and May to 54Vsc. Range of Chicago prices furnished by Overbeck & Cooke company, 216 217 Board of Trade building: VV HKA1. Increase Decrease . . , . Year to date. Same, 1913 . . Increase Decrease Paint and Oil. .y,SS5KP JItrrBwA- bw- 7e Per sal r . DUl,eu. oiws., eve; raw, easee. 72c pouea cases, 7c geL; lota of 250 galkma. lc less: oil cake meal 144 r. c -.KAJI.-.THeper lb.; COO m7"Mr re.,'! 'P. P lb. - - - . w n, a m. 1 viu m r.jvi tarioaa iocs, 534 1-ur paaaeha-era and frelsrht, make reservation! j TURPENTINE In cases. 7c- tank, ntt, Immedlatelr. frank Bollam. Pat. Art.. M.1- I tnr lUn ' - w,c :W. 124 Third . A-4508. freight off tee, I COAL OIL Water white on drums. H Albert Dock No. 1. Marshall 6863. A-OTiTM Iron barrels. 10c. anon, .and Month Oyen. High. Low. Close. Dec llGi 110 115 115 B May 122H 122 120 121 A CORN. Eec. GS3i (JO'S 6SS 69 A May 71 i 72 71 71 B OATS. Dec 50 61 TiOaj, 50 B May 53 54 53 53 PORK. Jan 1880 1S07 187T 1895 LARD. Oct. 1O40 1057 1040 1057 B Jan. S90 1000 09O 092 B RIBS. Oct." 1075 109S 1075 1080 Jan 977 97 977 985 872 207 8,780 2,075 STEERS. Section No. Oregon 25 Oregon .............. 1 Oregon 1 Oregon 1 Oregon 3 Oregon 4 Oregon 1 Oregon 1 Oregon 1 WKTHERS. Oregon 243 Oregon 242 Oregon 239 Oregon 242 Oregon .244 Oregon 242 STEERS. Oregon 19 Oregon 1 Oregon .......... 3 COWS. Oregon 2 Oregon 3 Oregon 8 HOGS. Oregon 3 Oregon 2 Oregon 71 Oregon 8 Oregon .... 1 Idaho 06 Idaho 90 Idaho 87 Idaho 30 Idaho .-. 62 Oregon 51 Idaho" 53 LAMBS. Idaho 300 NORTHWEST BAKK'STATEMEXT Portland Banks. Clearings This w eek. Thursday 1.813,K29.24 Wednesday 2.194,522.32 Tuesday 2.340.915.4H Monday 2.499.006.19 Tear ago. $2,340,258.66 2.439,179.04 2.561.660.18 2,821,085.95 Week to date $8,854,663.21 $10,162,183.81 Clearings Balances Seattle Banks. .$1.92, 037.00 . 211.230.00 Taooma Banks. Clearings 4 342,725.00 Balances iu.tsiy.oo 2,557 6,020 165, 4 248,604 140,805 241,582 24,919 7,022 Bales. i Av. lbs. Price. 1154 $7.04 1170 7.00 1030 7.00 1150 7.00 120? 7.00 1060 7.O0 IOSO 6.25 930 6.23 970 3.00 97 $5.25 96 5.25 96 5.25 94 6.25 94 5.25 97 6.25 1246 $7.50 1040 7.50 1080 7.00 900 $6.00 1216 6.O0 80S 4.23 217 $7.00 310 7.00 208 7.00 1940 6.00 310 6.00 240 7.00 220 7.00 213 7.00 157 6.60 427 6.50 190 6.95 350 6.15 1 61 $4.60 San Francisco Grain Market. San Francisco, Oct. 22. Barley calls: Oct. 21. Oct. 22. Close. Open. Close. December ... .$1.14 $114 $114 May 1.23 A 1-23 1-23 Cash prices: Wheat, Walla Walla. $1,750 1.80; red Russian. $1.70&1.72; Turkey red, $i.toe$i.8D: Diaestem. i.soi.90. Feed Barley. $1.07 (1.10. White oats, $1.421.45. Bran, $26.00; middlings, $30.00(831.00 shorts, $26.0027.00. Denver Hogs Higher. Denver, Colo., Oct. 22. Cattle. 1900; market steady; steers, $6.O0tf 7-25 : cows and heifers $r.OO6.50: stoclters and feeders, $5.O07.00 calves, $7.5010.00. Hogs. 1000; market higher; tops, 7.40 bulk. $6.90(27.25. Sheep, 600; market firm; lambs, $6.00 7.25; ewes, $4.oo4.yr. Receives Belgian King'.s Thanks B'ire works that have been disnlaved in the local errain trad rerntlv in likely to be considered a mere show ing or oaoy firecrackers in compari soil with the trade now develonintr It developed today that a cargo of Hour naa Deen purcnasea rrom a local mill for shipment to England and that there were orders available at this time, which have not yet been accepted, that will keep northwest mills operating day and night for many months. While there have been reports to the contrary. It develops that after all quite a fair volume of business in Hour has been passing with the orient. and with numerous inquiries now com ing xorward it is believed the busi ness will be greatly expanded within a few days. Demand for wheat is growing so fast from Kurope that exporting in terests here are wary about offering until they have the actual wheat on hand: Country prices are better than tldewatr at this time, simply be cause buyers fear that if thev nur- chase for Portland or other coast point delivery they will simply add to the already heavy congestion. As matters stand they orefer to nav an advance over tidewater prices for de livery ar country - boints and store there. Higher prices are being offered for wheat all along the line: in fact, one sale of bluestern was reported here at 5c a Dushel above regular quotations. Oats market promises to be fully as exciting as wheat. Germany is known to be a bidder for supplies through agents, while England and France have likewise appeared In the trade. Barley market continues quiet. Millstuffs have shown considerable weakness of late, with country and city millers piling up supplies and no special demand m signt. utuvek skkju Kuying price: Nominal, No. 1 recleaned, 13(gl5c; or dinary. 11 12c pound: alsike. 11c pound. fluuk selling price: Fatent, $5.40; Willamette valley, $5.40; nomi nal straight, $ 4.00 4.60; export. straight. $4.00; cutoff. $4.20; bakers', $5.00 5.40. HAY New crop, producers' price: Willamette valley timothy, fancy. $12.50; eastern Oregon - Idaho fancy timothy, $15.00015.50; alfalfa ,'$13.50; vetch and oats, $9.0010.00; clover. $8 per ton. WKAiN tjAijKs isominai; ino. 1 Cal cutta, $8.25(8.50. On the Merchants Exchange today there was a steady tone generally for wheat, although an advance of lc was forced in bids for club at $1.05. Oats market formed the principal excitement on the exchange, with an actual sale at $28.50 for 200 tons. This Is an advance of $1.25 over the pre vious price. Both brewing and feed barley bids were each up 50c a ton. Bran and snorts were eacn 2ac a ton lower. Thnrs. Wed. Tues. Mon. Bid. Ask. Bid. Bid. Bid. Bluestern ..$1.10 $1.15 $1.10 $1.08 $1.08 Fortyfold .. 1.07 1.09 1.07 1.06 1.06 Club 1.05 1.07 1.04 1.02 1.02 R. Russian . .98 1.00 .98 .97 .98 Red Fife . . -99 1.02 .99 .98 .99 OATS. Feed $28.50 $27.25 $28.75 $27.00 Brewing 22.50 22.00 22.00 22.50 BARLEY. Feed $22.00 $21.50 $21.00 $21.60 MILLSTUFFS. Bran $22.25 $22.25 $22.25 $2200 Shorts 23.O0 . Z3J Z3.O0 Truck Driver Not Blamed for Death The other day a prosperous business 1 man of the interior, came into a local wholesale house with the sole inten tion of purchasing his probable re quirements for the winter. He said to one of the salesmen, "How's busi ness?" The answer he obtained so diBCOu raged him that he purchased only what he would need from month to month. The answer of the sales man was almost in these identical words: "Business? Why, there is no business. Everything is 'rotten' and I don't see anything in sight for the future. Why, we have almost as many vacant stores as occupied ones." - The answer was untruthful because it did not reflect sentiment in the business house referred to. The man ager of the concern reported only a few days ago that the volume of busi ness was improving. The attitude of the salesman left a very bad impres sion upon the mind of the country buyer, however. Pea sixnis m Doeant Pay. Pessimistic talk has never been of advantage to anyone. Frequently it has been the means of ruining what would otherwise have been a very good business. If there ever was a time when optimism should rule, it ia the present. Bankers and business interests, especially the manufactur ing interests, report an upward trend in business conditions. Bankers as aert, almost without dispute amonj their number, that money affairs are in better shape than for several months past. Business men who have occasion to need accommodations at the banks confirm this. A recent visitor to Portland and a Californian at that, made the assertion that there were fewer vacant business stores in fheU much'mote A UX:v."ltt tnere la much more pessimism ex-1 ...... . ,,,, pressed here than In the southern city. A former Portland real estate man. but later located in Los Angeles, a sndrt time ago said that business conditions were far better at Portland than In the south and the outlook was better here for the future. "Notwith standing this," he said, "Portland peo ple have been stoo long inclined to knock' their city, while the reverse should bo the case." Result of Pessimist. In connection with the above senti ment, it Is interesting to note the real effects of pessimistic talk. A Chicago business journal reports that a certain big milliner of Kansas City sent hl.i buyer to New York to purchase $15,000 Scrip Companies May Fight It Out Coporatlon Commission Issues Certifi cate to Second Concern and aslatters of Hamea Kay Be Adjusted in Court worth of goods." The firm Jgad excel lent prospects and Us ownej-s wanted the goods.. The buyer reaehed New, York and heard so much pessimistic talk among the people f ronvfwhom he was going to purchase he bulk of his goods that be became frightened and reported to his house whai he hat heard. The result could b$ expected. That, night a message 'went lorth from the Kansas City house reading, "Cut your order CO per cent and return home at once." ' f Here was a concrete Instance where foolish lalk, which was not at all war ranted by the facts, caused the loss of a liberal amount of business. Herniate Sale of Errs . 5 Several members of ie Oregon the passage of a law which-jwlU regu late the sale of cold storage eggs and other food products in such a way that not only will the consumer but the producer will be protected against fraud. While the proposed ..measure is aimed principally against Chinese eggs, because it is alleged the aver age person buying them is 'led to' be lieve he is- purchasing the fresh horns prodirct at a wonderful redaction. Still the bill proposed seeks to (emedy ex isting evils in the sale of. all cold storage goods. The state dairy and food commissioner recently! made ths statement that he would ajupport tha measure and would reco7iime-nd Us passage In his annual repeprt, 1 I Salem, Or Oct ' 22. -Corporation Commissioner Watson today Issued to the American Scrip company, of Port land, acertlficate to transact business In the "tat of Orpeon. There seemed to be a clash in the name Vith tnat of American Travel Scrip company, al ready authorized to do business In Ore gon, but Watson decided to let the new company in, and the companies can fight over the matter of names in the courts. J. F. Logan, attorney tor. the Amer ican Scrip company, filed charges of misrepresentation reflecting on the American Travelers' Scrip company and at a hearing held here last eve ning. Commissioner Watson to'.d th. Travelers' Scrtp company that he would do nothing until Its side had been fully presented. John F. Logan, attorney for the American Scrip company, said today that his company will immediatelv inaugurate proceedings in the courts tc fight out the dispute In connection with the name which the Oregon com pany has adopted. The affidavits pre sented to Watson, ho said also, may be turned over to the consideration of District Attorney Kvans. At last night'b hearings, B. F. .Tay lor and S. R. Kent, local representa tives of the Los Angeles corporation, were present and Logan spoke for them. The Oregon company was rep resented by Warren E. Thomas. Jury Panel Drawn. A Jury panel of 159 Jurors for the November term was drawn this morn ing by Circuit Judge Gatens. The Jurors are to appear Nov. 2 before Circuit Judge Gatens. PUBLICITY IS PROPOSED The Bast Side Business Men's club has taken under consideration a num ber of plans submitted by advertising firms for its novelty advertising cam paign to create a spirit of boosting and trading on the east side. II. A. Calef is chairman of the advertising com mittee. It is planned to spend $1801 In billboard and circular advertising on the east side during the coming year. . Identification Sought. Another attempt5 at identification of the three men arrested some time ago on charges of being the safe crack ers who have performed 19 or more jobs between Portland and Albany re cently ended without v result yester day. Sheriff Bodine of Albany, - ac companied by a man who was present at the failure of three men to . blow a safe at Crawf ordsville, came yester day, hut the man could not identify the three. The men under arrest are Walter Brennen, . John CNeil and James Taylor. . Albert, Through Secretary, BepUes to Cablegram Congratulating' Sim on Heroism and Extending Sympathy. Samuel Hill, president of the Home Telephone & Telegraph company, re ceived today a letter from the secre tary of King Albert of Belgium, in re sponse to a cablegram recently sent by Mr. Hill congratulating the king for jhls heroism and extending to him Sympathy for the sufferings of his people. While the letter" Is a formal one. It indicates that although the time of his majesty la fully occupied, he was pleased to direct his secretary to make a reply to Mr, Hill, with whom he has a warm personal acquaintance. A translation or the letter, which was written in French, is as follows: "Antwerp, Oct. 2, 1914. Monsieur: The king highly appreciates the Opin ion of the citizens of the United States, the country of liberty and democracy, for which our sovereign has the greatest admiration. "This is why his majesty rejoices at the cordial testimony of sympathy which you have so graciously ex pressed to him. "Conforming to the desire of our sovereign, I have the honor to, thank you most sincerely In his name and to give you the assurance that our coun try will fight to the end for the tri umph of honor and Justice. "Receive, monsieur, the expression of my most distinguished sentiments. "Secretary to the King, "J. BERGENTEN." No blame was placed by the cor oner's Jury yesterday -upon the driver of an auto truck that ran down and caused the death of Harry Gaither, 17 years old. several days ago at Sev enteenth and Taylor streets. Evi dence submitted before the jury showed that the boy was riding a motorcycle on the wrong side of the street, when the heavy truck came around the corner and started in the same direction the cycle was golngi ,This afternoon the Inquest will be held in the case of Earl McNaugh- Lton, who died Monday from injuries received Sept. 3, when an auto driven by F. H. Adams collided with Mc Naughton's motorcycle. The accident happened on East Belmont street. Mo Naughton had been in the Good Sa maritan hospital since the collision. w K are specialists ' in the care and man agement of estates the proper and profit able investment of trust funds. The resources and ex tensive experience of the Title and Trust Company Title Trust Bid., Fourth near Stark. are at your command and at no additional ex pense. Consultation Invitad. Overbeck & Cooke Co. Btocka, Bonds, Cotton. Oraia. Eta -816-817 Board of Trade Bail fling. DIRECT PRIVATE WIRES TO ALL EXCHANGES . Members Chicago Board of Trad a Correspondents of Login & Bryan, shtmas-o. New York. Ladd & Tilton Bank Established 1859 CAPITAL AND SURPLUS $2,000,000.00 Commercial and Savings Deposits The First National Bank ' Fifth and Morrison Streets Capital and Surplus - $3,500,000 Interest Paid on Savings and Tim Deposits Security Savings and Trust Company Fifth and Morrison Streets Capital and Surplus - - $400,000 i i. SO THE MAY PEOPLE KNOW i The Committee of One Hun dred, following its usual methods , of coercion, threats or pressure, i endeavoring to discredit many ojf the names printed by the Oregon Brewers??As30ciation as signers off a "Declaration of Principles," op- posed to statewide prohibition. : It is possible, even probable , that one member of a firm, speak ing for a firm or a corporatiorl, may attempt to discredit the sig nature of another member of such firm or corporation, or the signa ture of some competent mana gerial head. . It is equally possible and even probable, that an. occasional sign er of such "Declaration of Prin ciples," feeling the pressure brought to bear on him, may go so far as to say that he "did nt know what he was signing." This organization, therefore, desires to make this public offe: w For the name of evejky man or concern whom the ' Committee of One Hundred succeeds in coercing or for c ing to discredit his signature to the said "Declaration hf Principles" against state wide prohibition this orga nization promises to priixt f the names of five other men or concerns, taken from its list of SIXTY THOUSAND signers of said "Declaration of Principles." ' ' Attacking the signatures of a few men or concerns, however, does not relieve the Committeefof One Hundred from the duty of making good its. original cHial lenge by publishing the namesj of those several hundred men or con cerns who stand by their signa ture's to the anti-prohibition "Declaration of Principles." ' COMMITTEE LET THE OF ONE HUNDRED KEEP ITS WORD (Paid Advert la emen t Oregon State Brewers' As tocla tlon, by F. Q. Deckeebach. President, Portland. On son.) V -